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United Paramount Network (UPN) was an American broadcast television network that launched on January 16, 1995. The network was originally owned by Chris-Craft Industries; Viacom (through its Paramount Television unit, which produced most of the network's series) turned the network into a joint venture in 1996 after acquiring a 50% stake in the network, it then purchased Chris-Craft's stake in the network in 2000; UPN was spun off to CBS Corporation in December 2005, when CBS and Viacom split up into two separate companies.